Nifty bias for today (Monday, 1 Dec 2025) is mildly bullish above key supports, with GIFT Nifty indicating a positive opening and global cues currently supportive to neutral for risk assets. Price action is near all‑time highs, so intraday moves can be whippy around resistance zones.
GIFT Nifty (Dec 01) is trading around 26,520, up about 130 points (≈0.5%), indicating a gap‑up/positive start for Nifty 50.
For Bank Nifty, nearby supports are in the 59,200–59,300 band and resistance around 60,000–60,500 after making a fresh high near 59,900 last week.
Sport / resistance zones (Nifty & Bank Nifty)Nifty 50 :
Support: 26,000 (immediate), then the 21‑DMA region near 25,890 as a positional support area.
Resistance: 26,350–26,500; above 26,500, momentum extension possible but prone to profit‑booking.
Bank Nifty :
Support: 59,200 intraday, then 58,900 positional; holding these keeps bullish structure intact.
Resistance: 60,000–60,500; above 60,500, short‑covering can accelerate
Global cues
Asian markets like Nikkei 225 and others are modestly positive, while some European futures are flat to slightly negative, giving a mixed but not risk‑off backdrop.
Overall, global sentiment is still driven by expectations of gradual global rate‑cut paths and steady growth, which supports equities near highs, but any macro headline can quickly impact intraday volatility.
Quick intraday plan (sport‑level view)
Above 26,200 Nifty, long bias is favoured towards 26,300–26,400 with profit‑booking near upper band; below 26,100, expect intraday pressure back to 26,000 support
Bank Nifty long trades are safer while holding above 59,300 with eyes on 59,800–60,000; failures near 60,000–60,500 can give sharp mean‑reversion shorts.
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